International Insurance News Archives

Why Japanese Life Insurers Are Betting Big on the US Market

June 5, 2025June 4, 2025 Tate Ellison

Why Japanese Life Insurers Are Looking to the US for Growth You might not think about life insurance much. It’s one of those things that’s there when you need it, right? But behind the scenes, the life insurance industry is buzzing with trends. One of the latest? Japanese life insurers are heading across the Pacific. They’re eyeing the US market like it’s the promised land. Why? Let’s break it down. The Problem at Home Japan’s insurance market has hit a wall. The country is dealing with an aging population and…

Smart Strategies, Big Returns: Inside Allstate’s Beyond Warranty Protection Plan Empire

June 4, 2025June 3, 2025 Angela Linders

Allstate’s Protection Plans Prove a Winning Strategy Allstate’s move into protection plans has been a game-changer. Investors are impressed, and it’s reshaping the company’s business. Since acquiring SquareTrade in 2017, this part of Allstate has grown fast and expanded globally. It’s doing more than just holding its own—it’s thriving. It seems it’s exceeding expectations. And not just in the United States. They’re now available in Europe, Japan, and Australia, proving Allstate’s global ambitions aren’t just talk. A Savvy Acquisition Back in 2017, Allstate made waves by acquiring SquareTrade, a company…

Business Owners, This Is Your Sign to Start Thinking Globally

April 24, 2025April 24, 2025 Angela Linders

Setting Up a Branch in the UK: A Practical Guide Expanding your business to the UK opens a door to one of the world’s most reliable markets. But before you pop the champagne, there’s a minefield of questions to figure out. Among them is ensuring you’ve covered your bases legally and financially, which includes commercial insurance. Whether you’re eyeing London skyscrapers or Manchester startups, setting up branch in UK comes with responsibilities you can’t afford to skip. First Steps to Opening a UK Branch Opening a branch in the UK…

What is the Average Cost of Life Insurance for a Person 50 Years Old or Older?

January 21, 2025January 20, 2025 PR Article

Life insurance plays a vital role in financial planning, particularly for those aged 50 and older. At this stage in life, many people begin to think seriously about providing for their loved ones, covering outstanding debts, or securing their legacy. However, the cost of life insurance for individuals over 50 can vary widely depending on several factors. Why Consider Life Insurance After 50? Life insurance becomes increasingly relevant as we age. For many, this period of life is about ensuring that family members are financially secure, particularly if they depend…

Japan’s Heat Stroke Insurance Boom Amid Record Temperatures Could Signal New Trends for US Market

August 6, 2024August 5, 2024 Marc

With record temperatures soaring above 40°C (104°F) in various locations, Japan has experienced a surge in heat-related illnesses this summer. This unprecedented heat wave has led the Japan Meteorological Agency to issue widespread alerts against heatstroke and heat exhaustion, urging residents to stay indoors during peak daylight hours. A Growing Demand for Heat Stroke Insurance The extreme weather has not only impacted daily life but has also driven a significant increase in the demand for heat-related illness insurance. Over 12,000 people were hospitalized across Japan in just one week due…

$350M Ukraine war insurance available from Aon, Development Finance Corp

June 21, 2024June 20, 2024 G. Turner

War Insurance - Recovery Economy - Ukraine Flag

The coverage program is designed to support capital investment and economic recovery in the country Aon and the US International Development Finance Corporation are collaborating to offer a $350 million war insurance program meant to help Ukraine with capital investment and economic recovery. The program is in two main parts The program includes $300 million in coverage for the healthcare and agriculture sectors in Ukraine, and another $50 million in war insurance, that is, additional coverage for the insurers providing protection there. The reinsurance strategy was designed in a partnership…

Kampgrounds of America partners with Co-operators RV insurance company

June 4, 2024June 3, 2024 H. Cutner

The partnership involves a network of over 500 campgrounds in the US and Canada Co-operators, a financial services co-operative, and Kampgrounds of America (KOA), a network of over 500 campgrounds in the Untied States and Canada, have partnered in a new collaboration for RV insurance. Recreational vehicle coverage is increasingly lucrative since the pandemic The US campgrounds company and Canadian financial services and RV insurance co-operative feel that they are a natural fit for providing this new option to consumers in both countries. “Canadians represent a significant demographic of Kampgrounds…